Old Mutual Global Investors has created a new head of China business role, while Newton Investment Management is bidding farewell to its veteran chief executive and Rathbones has appointed a new head of equity research.
Barings chief investment officer is to depart just two months after it was announced that the firm will merge with three other MassMutual affiliates. BlackRock has named a new chief investment officer in Japan, while Deutsche Bank has appointed a global head of M&A.
The presence of so many mega-cap stocks in the UK market introduces a risk for equity income investors, in the form of dividend concentration.
James Harries, lead manager on Newton Investment Management’s UK-domiciled Global Income Fund, has left to pursue a new opportunity, the firm confirmed on Monday.
Newtons Jason Pidcock believes working with a thematic approach gains you an understanding of the businesses you are investing in while building up a clearer view of the many factors that can influence them
Newton’s Global Higher Income team has questioned the validity of the economic recovery and believes that “escape velocity” is still some way off.
Ex-Newton Higher Income Fund manager Tineke Frikkee is to join Smith & Williamson Investment Management to head up its UK Equity Income Trust.
Jeff Munroe will step down as CIO of Newton in a bid to turn around the performance of key funds in the global equities arena.
Fred Moore has taken over as lead manager on the Newton European Higher Income Fund.
BNY Mellon Asset Management is launching a Dublin global bond fund based on a successful UK one.
BNY Mellon is set to launch a Dublin-domiciled global equity fund for Newton.
BNY Mellon has launched a Dublin-domiciled multi-asset global absolute return fund.
